Newsletter #303 - Who Will Pump Our Bags?

Hi Shitcoiners,

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The Fear and Greed Index has been showing that no one knows what the hell is going on. Sentiment is changing dramatically by the day. However, we want to start this one off with a battle cry from Alex Wice. Let us get this straight.

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The price hasn’t moved that much but we have been through the wringer. Normies think we are just sitting here twiddling our thumbs.

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It was a busy week.

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The Ethereum ETF is here and it has not been met with the fanfare that Ethereum maximalists were hoping for.

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Jmo here with a spicy take.

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While the Bitcoin ETF was followed by optimism, the ETH counterpart has industry participants thinking they have just become exit liquidity. RIP.

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The memes would flow.

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Here’s a fun throwback! Wen UpOnly?

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This is painful if true.

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The Bitcoin 2024 Conference is happening as we speak and Michael Saylor is calling 2024 “year 1 of mainstream institutional adoption”. Bullish.

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With Trump and RFK Jr already confirmed for the event, all eyes would turn to Kamala Harris. Word on the street was that she could be heading to Nashville.

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But alas, she would not be walking into the lion’s den.

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It doesn’t look like Cameron cares that much if Kamala engages with us either.

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Gainzy here with a “you’re a fucking retard”.

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The hope is that this appearance by Trump isn’t just to show his face. We want something big. Is a “Bitcoin Strategic Reserve” in our future?

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That should definitely pump our bags!

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In the meantime, there are plenty of other ways to earn a living, such as betting on who can climb stairs faster.

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We like to think Trump is getting involved!

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With Biden dropping out of the race to the White House, BODEN has been on a one way street to Rekt City.

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With rumours circulating that Biden is no longer with us, memecoins delivered. Some people just can’t lose.

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We sense some photoshop here but memecoins are the new news.

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The boomer news outlets are not ready for the double digit daily swings. Omg 1%!

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The US has been a focal point lately but over in Europe they are still doing all they can to make crypto users detest those in power. Do they not know we already have ENS?

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What could have been Germany, what could have been.

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The Germany FUD hit at around the same time as the Mt. Gox FUD. The funds have been successfully distributed. This has all been priced in now right?

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Back to the US now, for those of you wondering how they can leverage Bitcoin, here’s a right of the bell curve read for you.

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Speaking of right of the bell curve, Vitalik dropped a new article! Arthur replied with a hot take.

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If you aren’t a big reader, there are other ways to get your alpha. Check out the one year special of Steady Lads!

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Do you want more entertainment? Nic Carter is an MMA fighter now.

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And he’s got hands.

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To Solana. Imagine proclaiming yourself the “buffest builder on Solana”. We just shivered due to the amount of cringe we just witnessed.

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He is actually building though, unlike the celebrities who have already made for the exits.

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Irene was around long before the celebrities of this cycle swooped in but Zach is not a fan.

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You are not a part of a community. You are in a pureplay PvP environment. The only goal is to dump on everyone else.

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You at the age of 30. It’s looking pretty bleak.

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While some trade memecoins, others get liquidated on massive DeFi positions. Michael Egorov is the new MVP.

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Speaking of multi-million dollar moves, Cobie has liquidated some of his LDO. Now that’s a nice payday.

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You might have caught CL on the most recent episode of Wage Cucking With Jmo. It’s 8am. You have not slept. It is when you are most productive. Cat was reminiscing.

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The traders are no longer trying to frontrun you. They can’t compete with the algos so why not just be transparent? We are intrigued how this level of openness plays out.

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It could end up -$50K for the day.

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Are you feeling confused about where this market is heading next? Your favourite influencers are. Andrew Kang has flipped from giga bearish to giga bullish in the space of two weeks. You can’t make this shit up.

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And that's all for this week! See you next time.

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Team Shitcoin.com